In order to have I-REC(E)s issued, Production Facility owners or entities acting on their behalf should register as a Registrant with the responsible I-REC(E) Issuer in their country. Being a Registrant enables the registration of Production Facilities with the Issuer and the submission of requests for I-REC(E) certificates.
In order to trade or redeem I-REC(E)s market players, traders, or consumers can become a Participant and hold accounts on the Evident Registry. They can redeem certificates on their own behalf, or on behalf of their clients, and can trade certificates with other Participants.
Any individual or organisation can purchase I-REC(E)s for their sustainability reporting. When redeemed to an end user (or Beneficiary), an I-REC(E) is uniquely and permanently allocated for their reporting. An End User can either choose to be a Participant or contract with an existing Participant to manage this service on their behalf.
Evident’s work is supported by Issuers, all accredited to the International Attribute Tracking Standard, who independently audit information and issue I-REC(E) certificates for electricity generated from sustainable sources, a key role in the transition to a Clean Economy.
Evident works with governments and policymakers to create robust, credible certification standards that encourage transition to a certified, global clean economy. I-REC(E) has been designed to allow for interaction between both voluntary and compliance markets.
If you are a journalist or researcher and would like to learn more about Evident and our role within the global Clean Economy, please contact us.